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For sale
    • $550,000

    975 E LOBSTER TRAP Lane, Tempe, AZ 85283

    3beds
    1,554sqft
    : 
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    Single Family Residence
    Built in 1973
    6,486 Square Feet Lot
    $534,500 Zestimate®
    $354/sqft
    $135/mo HOA

    What's special

    Beautifully updated home just steps from the lake in the highly sought-after Lakes community! From the moment you arrive, you'll be drawn in by the inviting curb appeal featuring lush landscaping, a charming paver courtyard, and lake access just one home over. Inside, soaring vaulted ceilings and a cozy fireplace create a warm and welcoming atmosphere. The remodeled kitchen is a standout, offering quartz countertops, upgraded cabinetry with hardware, stainless steel appliances, and an expanded layout with abundant counter space and additional storage. Natural light pours in through multiple windows and Arcadia doors off the kitchen, family room, and primary suite, creating an open and airy feel throughout. The private backyard is perfect for relaxing or entertaining, complete with a sparkling blue pool, covered patio off the primary suite, and low-maintenance landscaping. Located in the heart of Tempe, this home offers unbeatable access to Arizona State University, Sky Harbor Airport, Scottsdale, premier shopping, dining, sporting events, public transportation, and the light rail. The Lakes community features a stunning 40-acre lake with boating activities, along with a community pool, clubhouse, fitness center, tennis courts, and pickleball courts, bringing resort-style living right to your doorstep.
    79 days
    |
    886
    |
    57
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Schude 480-201-9593,

    Instasold,

    Ann Schude 480-201-3581,

    Instasold

    Source: ARMLS,MLS#: 7021826MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven
      Features
      • Quartz Countertops, High Speed Internet, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm
      • Flooring: Carpet, Vinyl, Tile
      • Windows: Screens
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total structure area: 1,554
      • Total interior livable area: 1,554 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attch'd Gar Cabinets
      • Garage spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Has private pool: Yes
      • Pool features: Outdoor Pool, Play Pool
      • Spa features: None
      • Fencing: Block
      Lot
      • Size: 6,486 Square Feet
      • Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
      Details
      • Parcel number: 30102678

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Frame
      • Roof: Shake
      Condition
      • Year built: 1973

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      Community
      • Features: Pool, Pickleball, Lake, Community Spa Htd, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
      • Subdivision: LAKES TRACT D3
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds
      • HOA fee: $405 quarterly
      • HOA name: Lakes Community
      • HOA phone: 480-838-1023
      Location
      • Region: Tempe

      Financial & listing details

      • Price per square foot: $354/sqft
      • Tax assessed value: $406,800
      • Annual tax amount: $2,642
      • Date on market: 5/1/2026
      • Cumulative days on market: 79 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        $534,500

        $508,000 - $561,000

        $2,720/mo

        Price history

        DateEventPrice
        5/1/2026Listed for sale$550,000$354/sqft
        Source: ARMLS #7021826 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,629 +7.7%$40,680 -6.3%
        2024$2,442 +1.2%$43,430 +88.9%
        2023$2,413 +4.2%$22,986 -21.4%
        2022$2,315 +1.4%$29,250 +7.5%
        2021$2,282 +2%$27,210 +8.9%
        2020$2,239 +2.8%$24,980 +4.9%
        2019$2,178 $23,810 +12.5%
        2018$2,178 +3.2%$21,160 +6.3%
        2017$2,110 +3.9%$19,900 +5.5%
        2016$2,031 +2.3%$18,870 +9.8%
        2015$1,985 $17,180 +14.8%
        2014-- $14,970 +11.1%
        2013-- $13,470 -11.5%
        2012-- $15,220 -14.8%
        2011-- $17,870 -9.2%
        2010-- $19,680 -16.1%
        2009-- $23,460 -8%
        2008-- $25,500 +11.6%
        2007-- $22,850 +36.4%
        2006-- $16,750
        2005-- $16,750 +22.3%
        2004-- $13,700
        2003-- $13,700 +13.7%
        2002-- $12,050
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: The Lakes

        Getting around

        41 / 100
        Car-Dependent
        40 / 100
        Some Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rover Elementary School
        • Middle: Fees College Preparatory Middle School
        • High: Marcos De Niza High School
        • District: Tempe School District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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